Tag: AI boom

TSMC sales jumped 44.7% in July as strong AI chip demand boosted revenue, with Nvidia and Google among major customers driving the semiconductor boom.  (REUTERS/Ann Wang) (REUTERS)
Posted in Business

Why TSMC sales surged 45% as AI boom drives demand for advanced chips

TSMC has reported a huge jump in sales as demand for AI chips remains strong. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s biggest chipmaker, reported…

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SpaceX earnings, US jobs report and AI spending will test Wall Street’s rally as investors look for signs of real returns from the AI boom.
(Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

Wall Street AI boom faces reality check as SpaceX earnings and US jobs data arrive

Wall Street is heading into another important week after a strong run for stocks. The coming week will bring several major events that could test…

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Microsoft CEO Satya Nadella
Posted in Business

Microsoft’s Satya Nadella: We Can’t Let AI Giants Eat the Economy

Satya Nadella helped usher in the AI boom. Now he has a tough message for the companies leading it. Microsoft CEO Satya Nadella The chief…

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Who is Deedy Das? Ex-Google and Facebook techie becomes partner at Menlo Ventures
Posted in Business

Who is Deedy Das? Ex-Google and Facebook techie becomes partner at Menlo Ventures

Menlo Ventures has promoted Kolkata-born Deedy Das to partner. The promotion comes less than two months after Das joined the venture capital firm, underscoring the…

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